Quote from: rat03gopoh on December 02, 2023, 10:35:45 PM

Quote from: passwordnow on December 02, 2023, 12:27:31 PM

There are local exchanges that are way terrible than Binance and that's why even the locals, they use Binance instead of their very own local exchange.

Using Binance is like holding a spear. Binance actually has the most complete trading features, but Binance is rejected by regulation in my country. You can use the sharp tip to get something, but you have to hold the stick in the middle (standing in the gray area).

That's not new. Many countries are pushing Binance out of their jurisdictions for some reason. It's all about their registration or there's another player that's about to come out so they need to kick out the biggest competition.

But for those countries where regulations are tough and they can't get in, those that are inside that country and operate with their local customers. They've got of course an edge over Binance. Anyway, they still want to penetrate to most countries and they have to go through the process of being registered and having a dialogue with the regulators.